UK FREEPORTS

On 7 October, the House of Commons Library published a research briefing which sets out the background to the UK Government policy on proposed freeports.

RISHI SUNAK UNVEILS PLAN TO CREATE ENGLAND FREEPORTS

On 7 October, City AM reported that HM Treasury will soon start taking bids from cities and towns in England to become Freeports next year.  The government announced today that its selection process will begin before the end of the year and will see the first England Freeports set up by the end of 2021.

Rishi Sunak unveils plan to create England Freeports

https://www.gov.uk/government/consultations/freeports-consultation

https://www.gov.uk/government/news/government-outlines-new-plans-for-freeports-to-turbo-charge-post-brexit-trade

Meanwhile, Tax Research also published a post and video suggesting that it was almost impossible to identify any benefits that might arise from this proposal, whilst there were plenty of downsides to all-too-easily spot. 

Whatever Liz Truss says about freeports today, their greatest benefit is to tax abusers and, worse still, organised crime

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y